Looking to diversify beyond FEMVX? The mutual funds below have the lowest correlation with FEMVX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FEMVX.
Best Diversifiers for FEMVX
0 mutual funds have low correlation with FEMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.48, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.62 | 0.67 | 87 | Emerging Markets Diversified | FEMVX vs ESCIX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.57 | 0.57 | 75 | Large Cap Growth Equities | FEMVX vs FBGRX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.64 | 0.74 | 0.78 | 93 | Emerging Markets Diversified | FEMVX vs EMPTX | |
| Fidelity ZERO Large Cap Index Fund | 0.66 | 0.64 | 0.63 | 71 | Large Cap Blend Equities | FEMVX vs FNILX | |
| Wasatch Emerging Markets Small Cap Fund | 0.66 | 0.62 | 0.67 | 63 | Emerging Markets Diversified | FEMVX vs WAEMX |
See all 33 diversifiers for FEMVX
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